limitation act question
April 5th, 2006 by Questions
My ex-sister in law put a claim into my bankruptcy Dec 2004 for an alleged family loan from May 2001 of $80,000.
I filed for bankruptcy Jan 2003, at which time the same ex-sister-inlaw had commenced a court proceeding against me for $40,000, and this was her claim at that time which was considered contingent.
Her new claim for $80,000 entered to the trustee includes the $40,000 claim from the court proceeding.
Does the ex-sister-inlaw have a valid claim for $80,000, $40,000, or no valid claim at all?